The computing giant is holding a mixer at its campus in Silicon Valley for workers affected by the shake-up, with its hiring managers in attendance.

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"We are eager to speak to individuals and teams affected by the OnLive transition," reads the event invitation. "We are looking to add key players who want to make a real impact in creating groundbreaking new products and services."

The news has sparked rumours that Microsoft could be planning to expand the Xbox 360's streaming capabilities and its presence in the sector.